The company is also preparing to open up the “BF European Flexible Credit” – a pan-European corporate credit fund of funds – to Italian institutional investors. The targets are €250 million under management, more than 10 underlying funds, around 400 loans and a net internal rate of return (IRR) of 11–13 per cent. The aim is to raise a third of the capital from Italia.

Property: German firm Bf Capital enters the Italia market with private debt funds

But analysts believe the changes could also be positive

Lottomatica lags behind the FTSE MIB; rumours about reforms to land-based gambling are weighing on the share price

EasyJet has once again rejected Castlelake’s offer but is leaving the door open

Micron Technology: record quarterly turnover (+346%)

AI fever is reigniting following the US giant’s better-than-expected quarterly results. St. shares rebound on the Milan Stock Exchange. The US economy is growing more than expected, with inflation under control. Oil prices are rising again after falling to pre-war levels

Stock markets: ST performs well in Milan, Micron soars on Wall Street - 

The fund manager who made a 900 per cent return during the subprime crisis is once again taking a stand against credit distortions

Private credit and insurance: Lee Robinson’s latest bearish bet

Lmdv: Leonardo Maria Del Vecchio appointed executive chairman

The Berlin government has decided to scrap plans to build six F126 frigates, which analysts say will have a significant impact on the defence company’s forecasts. Leonardo and Avio shares are also falling in Milan

Rheinmetall’s share price plummets in Frankfurt following Germany’s decision to halt a project to build six frigates

Analysts are positive about the prospects of the deal with Telecom Italia, which is expected to lead to an increase in profits in the short to medium term and to support growth in the long term as well

Barclays’ positive assessment boosts Poste

The US giant has until 22 July to submit a formal bid or withdraw from the acquisition

Prologis has made a bid of 16.6 billion dollars for Segro. Segro has rejected the offer, but its shares have soared by 16 per cent

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